Floyd Mayweather has outdone himself in terms of luxurious purchases, showing off his latest purchase to fans: The Billionaire Watch.

The jaw-dropping watch, designed by Jacob and Co., cost the former boxing champ $18 million—no, not billion—and is made of 18-carat white gold, 260 carats of emerald-cut diamonds and individual stones up to three carats.

“This my new timepiece, it’s called ‘The Billionaire Watch,” Mayweather informed his Instagram followers. “If you don’t know about it, google Billionaire Watch. That’s $18 million on the price tag.”

Mayweather has been spending a pretty penny on gifts lately, giving his teen daughter an enormous 30-carat diamond ring for her 18th birthday.

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